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UPI Payment charges 2025: Are you also thinking that from now on you may have to pay a charge for making payment through UPI? Now the government has given a clear answer to this.
Imagine if you have to pay a charge every time you make a payment using UPI… From buying vegetables from a shopkeeper to sending money to a friend, extra money is deducted on every transaction… Is this really going to happen? This question has been asked everywhere for some time now. Such things are often seen on social media and in the news.
Are you also thinking that from now on you may have to pay a charge for making payments through UPI? Now the government has given a clear answer to this.
Government’s big statement on UPI payment
Minister of State for Finance Pankaj Chaudhary told the Lok Sabha that there is no proposal to levy any transaction charge on UPI payments. That is, whether you send money or make payment at a shop using QR code, no charges will be levied on it.
What is the whole matter?
Actually, National Payments Corporation of India (NPCI) had issued a circular on 30 August 2019. In this, banks were allowed to charge merchant discount rate (MDR) up to 0.30%. But later the government clarified that under section 269SU of Income Tax Act 1961, no charge will be taken from those making payments through UPI and RuPay debit card.
Incentives to promote UPI
To support ecosystem partners, the government has launched an incentive scheme from FY 2021-22 to 2024-25. During this period, the government has given an incentive of about Rs 8,730 crore so that the UPI service continues to run without any interruption.
Tremendous growth of UPI
UPI transactions have grown to record levels in the last few years.
- While there were 92 crore UPI transactions in 2017-18, it will increase to 18,587 crore in 2024-25.
- During the same period, the transaction value increased from Rs 1.10 lakh crore to Rs 261 lakh crore.
- For the first time in July 2025, more than 1,946.79 crore transactions were recorded in a month.
- The total number of digital payments has also increased rapidly. It was Rs 2,071 crore in 2017-18, which increased to Rs 22,831 crore in 2024-25.
- Transaction value also increased from Rs 1,962 lakh crore to Rs 3,509 lakh crore during the same period.
The government has made it clear that making payments through UPI will be absolutely free. That means neither the shopkeeper nor the customer will have to pay any charge for this. The government has already given support of thousands of crores of rupees to strengthen UPI further.
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